Pamela

Pamela, aged 60, has suffered with Asthma since childhood and takes one prescribed medication daily, in the form of an inhaler. In addition, Pamela was also born with Type 1 Diabetes and has to take insulin once a day. In addition, she has high blood pressure and has to take one medication daily to control her cholesterol. Based on these health conditions and lifestyle factors, with enhanced underwriting Pamela’s case could qualify for up to a 54% enhancement over the lowest Open Market Option annuity rate.

Scenario is based on a female aged 60 with a fund value of £45k. Quoted Single Life, 5 years guaranteed, no escalation, no value protection, based on RH2 7RU postcode, compared to the lowest standard annuity rate offered via Avelo Exchange on 16/12/11.

John

John, age 65 has a history of poor health.  He was diagnosed with bowel cancer within the last three years which was successfully removed.  The cancer was diagnosed two years previously and removed surgically the following month. It was classed at stage Dukes C. Both radiotherapy and chemotherapy treatment was received in the month of diagnosis, leading to the complete removal of the cancer within the following five months. However, a recurrence of the cancer in the same location was diagnosed three weeks ago with proposed treatment/s under discussion.  John could qualify for a 49% enhancement over the lowest Open Market Option rate.

Scenario based on a male aged 65, with a £45k fund, 5 year guaranteed period, no escalation, no value protection, based on RH2 7RU postcode, compared to the lowest standard annuity rate offered via Avelo Exchange on 16/12/2011.